The GBPUSD tested resistance at 1.5675 and trend line support at 1.55 in a matter of hours in early New York trading. Draghi's comments pushed the pair around but all in all the cross landed just about where it was before Draghi squeezed the markets higher last week. A break of trend line support exposes 1.5460 followed by 1.54. The cross will most likely consolidate ahead of NFP. It will be interesting to see if it drift through the trend line or follows it higher.
For access to Keane Insight’s and current trade stream http://wp.me/P2pFeJ-1IT .
First week is free. To follow on twitter look for THE KEANE @chrisfkeane